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16. Value-Weighted Indexes (LO4, CFA2) Repeat Problem 14 if a value-weighted index is used: Assume the index is scaled by a factor of 10 million,

16. Value-Weighted Indexes (LO4, CFA2) Repeat Problem 14 if a value-weighted index is used: Assume the index is scaled by a factor of 10 million, that is, if the averaze firm's market value is $5 billion, the index would be quoted as 500

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